The sales can increase by $140,000.
How to calculate the increase in sales?Current Sales, S0 = $2,000,000
Current Total Assets, A0 = $1,200,000
Profit Margin, M = 4%
Current Spontaneous Liabilities, L0 = Accounts Payable + Accruals
Current Spontaneous Liabilities, L0 = $500,000 + $200,000
Current Spontaneous Liabilities, L0 = $700,000
Payout Ratio = 60%
Retention Ratio, b = 1 - Payout Ratio
Retention Ratio, b = 1 - 0.60
Retention Ratio, b = 0.40
Self-supporting Growth Rate = [M * b * S0] / [A0 - L0 - M * b * S0]
Self-supporting Growth Rate = [0.04 * 0.40 * $2,000,000] / [$1,200,000 - $700,000 - 0.04 * 0.40 * $2,000,000]
Self-supporting Growth Rate = $32,000 / $468,000
Self-supporting Growth Rate = 7%
Increase in Sales = $2,000,000 * 7%
Increase in Sales = $140,000
Sales can increase by $140,000, that is by 7%.
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what budgeting tips would you help to stay on track financially
The cost to make 3 large candles and 5 small candles is $6. 90. The cost to make 4 large candles and 6 small candles is $8. 90. How much more does it cost to make a large candle than a small candle?.
We used the method of elimination to find that it costs $1.10 more to make a large candle than a small candle. This problem demonstrates how we can use algebra to solve real-world problems involving multiple variables.
Let's use the method of elimination to solve this problem. We know that the cost to make 3 large candles and 5 small candles is $6.90, and the cost to make 4 large candles and 6 small candles is $8.90. We can subtract the first equation from the second equation to eliminate the small candles and find the cost of making one large candle as follows:
(4 large candles + 6 small candles) - (3 large candles + 5 small candles) = $8.90 - $6.90
1 large candle + 1 small candle = $2.00
1 large candle = $2.00 - 1 small candle
Now we can substitute the expression for 1 large candle into the first equation to eliminate the large candles and find the cost of making one small candle as follows:
3 large candles + 5 small candles = $6.90
3($2.00 - 1 small candle) + 5 small candles = $6.90
$6.00 - 3 small candles + 5 small candles = $6.90
2 small candles = $0.90
1 small candle = $0.45
Therefore, the cost of making one large candle is:
1 large candle = $2.00 - 1 small candle
1 large candle = $2.00 - $0.45
1 large candle = $1.55
And the cost of making one small candle is:
1 small candle = $0.45
So, the difference between the cost of making one large candle and one small candle is:
$1.55 - $0.45 = $1.10
Therefore, it costs $1.10 more to make a large candle than a small candle.
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top earning game of USA
Answer:
Clash of Clans by Supercell
Explanation:
According to Góogle Play ranking as of April 2021, the top-earning game of the USA is Clash of Clans by Supercell.
This game is available on the Andriod operating system. and it has been in existence since 2012. It currently has close to a billion downloads across platform different website platforms.
describe why most countries are described as having a mixed economy
Explanation:
A mixed economic system is a system that combines aspects of both capitalism and socialism. A mixed economic system protects private property and allows a level of economic freedom in the use of capital, but also allows for governments to interfere in economic activities in order to achieve social aims.
Mitchell Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Mitchell Bicycle Shop uses a periodic inventory system. Date Transactions Units Unit Cost Total Cost March 1 Beginning inventory 20 $185 $3,700 March 5 Sale ($270 each) 15 March 9 Purchase 10 205 2,050 March 17 Sale ($320 each) 8 March 22 Purchase 10 215 2,150 March 27 Sale ($345 each) 12 March 30 Purchase 9 235 2,115 $10,015 For the specific identification method, the March 5 sale consists of bikes from beginning inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginning inventory and eight bikes from the March 22 purchase. Required: 1. Calculate ending inventory and cost of goods sold at March 31, using the specific identification method. 2. Using FIFO, calculate ending inventory and cost of goods sold at March 31. 3. Using LIFO, calculate ending inventory and cost of goods sold at March 31. 4. Using weighted-average cost, calculate ending inventory and cost of goods sold at March 31. 5. Calculate sales revenue and gross profit under each of the four methods. 6. Comparing FIFO and LIFO, which one provides the more meaningful measure of ending inventory? 7. If Mitchell Bicycle Shop chooses to report inventory using LIFO instead of FIFO, record the LIFO adjustment.
Bikes from initial inventory are included March 5 sale, a March 17 outsourcers bikes from March 9 sale, or Mar 27 sale includes four bikes from the initial balance & eight bikes from March 22 purchase. 1/2 is need.
Now what you mean by inventory?All the products, materials, and things that a company keeps on hand in anticipation of selling them to customers for a profit are referred to as inventory. Example: If a newspaper seller utilizes a vehicle to distribute newspapers to clients, just the newspapers will be deemed inventory.
What are the four different categories of inventory?Raw materials/components, WIP, final products, and MRO are the four main categories of inventory.
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ACTIVITY 3 TOTAL:86 3.1 Distinguish between BEE and BBBEE.
Basics Ltd reported current liabilities of R3 000 and a quick ratio of 1,2. The company has current assets of R6 000. If the company reports the cost of goods sold at R4 000 for the given year, what is the inventory turnover?
The inventory turnover for the given year is 3.33, calculated by dividing the cost of goods sold by the average inventory of R1200.
To calculate the inventory turnover, we first need to determine the inventory value. We can use the quick ratio formula to find the inventory amount.Quick ratio = (Current assets - Inventory) / Current liabilitiesRearranging the formula, we have: Inventory = Current assets - Quick ratio * Current liabilitiesSubstituting the given values, we have:Inventory = R6000 - 1.2 * R3000Inventory = R6000 - R3600Inventory = R2400The inventory value is R2400. To calculate the inventory turnover, we divide the cost of goods sold by the average inventory. In this case, the cost of goods sold is given as R4000. The average inventory is the sum of the beginning and ending inventory divided by 2. Since we don't have information about the beginning and ending inventory, we can assume they are equal, resulting in an average inventory of R2400/2 = R1200.Inventory turnover = Cost of goods sold / Average inventoryInventory turnover = R4000 / R1200Inventory turnover = 3.33Therefore, the inventory turnover for the given year is 3.33.For more questions on inventory
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During job interviews, potential employers often ask candidates to describe a time where they have demonstrated their initiative and/or results driven skills. This week, you’ll have a chance to practice.
In paragraph 1, describe a time at work, home, or school where there was a problem and you took the initiative to solve that problem and to seek results on your own.
In paragraph 2, explain how the process went and describe the solution that you developed.
Answer:
During a pandemic everyone and everything is crazy and it hasn't gone very for me at work or at home. I guess that's why they say it's best for you stay home and quaretine for days because of a test that came back positive.
Explanation:
explain why you would prefer limited company from business
Answer:
Explanation:
A limited company is endowed with all of an individual's rights and abilities.
In most cases, a member's liability for the debts, liabilities, or actions of the limited company is limited to the amount of share capital they have subscribed for.
Additionally, a corporation's ownership interests can frequently be modified.
Write a formula to return the first three characters in the last three characters in cell J one and excel
Use the Excel formula =LEFT(J1,3)&RIGHT to retrieve the first three characters and the final three characters from cell J1.(J1,3)
What Excel formula delivers characters in a cell that come after a certain character?The delimiter, which can be any character or substring, is returned by the Excel TEXTAFTER function. You can select the target occurrence if the delimiter occurs more than once.
What formula yields the character count?Enter =LEN(cell) in the formula bar and hit Enter on your keyboard to invoke the function. Multiple cells: Enter the formula in the first cell and then drag the fill handle down (or across) the range of cells to apply it to further cells.
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there’s 15 questions and this is 5.
Market research can help you strategize your _______ and _______ goals.
Primary research is more _______ than secondary research.
Your first marketing priority is to find out if you can _______ your product or services.
The grouping of people for marketing purposes is called _______.
Once you find out what people want, there’s a need to know the _______ for their choices.
Market research can help you strategize your business and marketing goals.
Primary research is more specific and tailored to your specific needs than secondary research.
Your first marketing priority is to find out if you can sell your product or services.
The grouping of people for marketing purposes is called segmentation.
Once you find out what people want, there's a need to know the motivations for their choices.
Market research plays a critical role in shaping business and marketing strategies by providing valuable insights into customer preferences, market trends, and competitive landscapes. It helps in identifying target markets, understanding customer needs, and developing effective strategies to achieve business and marketing goals.
By conducting research, businesses can gather data and information to inform their decision-making and ensure that their goals are aligned with customer expectations and market opportunities.
Primary research involves gathering firsthand data directly from the source, such as through surveys, interviews, or observations. It is more specific and focused on the unique needs and objectives of a particular study. Secondary research, on the other hand, involves using existing data and information from published sources.
While secondary research provides a broader understanding of a topic, primary research allows for more control and customization of the research process to address specific research objectives.
When launching a new product or service, one of the primary marketing priorities is to determine if there is a demand for it in the market.
Market research helps in assessing the viability and potential success of a product or service by gathering insights on customer preferences, needs, and market conditions. This information enables businesses to make informed decisions about product development, positioning, pricing, and marketing strategies.
Segmentation is the process of grouping individuals with similar characteristics or behaviors into distinct segments for marketing purposes.
By segmenting the market, businesses can target specific groups that are most likely to be interested in their products or services. Market segmentation allows for more personalized and targeted marketing strategies, resulting in better customer engagement and increased marketing effectiveness.
Once businesses identify what people want through market research, it becomes crucial to understand the motivations behind their choices. This involves delving deeper into the underlying reasons, preferences, and factors that drive consumer behavior.
By understanding the motivations behind consumer choices, businesses can tailor their marketing messages, product features, and overall customer experience to better align with customer needs and increase the chances of success in the market.
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help please!
A firm has costs of $1,000,000 for new investment outlays that are subject to an investment tax credit. The stated government purpose of having this investment tax credit is to stimulate the firm's business investments. Suppose the investment tax credit rate is 30%. How much does this reduce the cost of purchasing the assets? Assume an 8% rate of borrowing and a corporate tax rate of 40%.
ANSWER: The tax credit serves to immediately reduce the costs. The savings is 10% of one million dollars or $100,000r eduction in the purchase.
Name and describe three ways that companies can benefit from being ethical.
Suppose that management has misstated the rate sensitivity of the bank’s money market deposit accounts because the bank has not changed the rate it pays on these liabilities for six months and doesn’t plan to change them in the near future. Will the bank profit if rates rise over the next 90 days?
Answer:
Yes the bank will benefit from the increased interest rates.
Explanation:
The increase in the interest rate causes a bank to earn profits. The bank will make profit by the increased interest rates as they have initially set lower interest rate for the lending of fund. The rise in interest rate will cause increased interest payments to the bank causing the bank to raise its profits.
Break-Even Sales
BeerBev, Inc., reported the following operating information for a recent year (in millions):
Sales $6,512
Cost of goods sold $1,628
Gross profit $4,884
Marketing, general, and admin. expenses 592
Income from operations $ 4,292
Assume that BeerBev sold 37 million barrels of beer during the year, that variable costs were 75% of the cost of goods sold and 50% of marketing, general and administration expenses, and that the remaining costs are fixed. For the following year, assume that BeerBev expects pricing, variable costs per barrel, and fixed costs to remain constant, except that new distribution and general office facilities are expected to increase fixed costs by $21.09 million.
Compute the break-even sales (in barrels) for the current year. Round your answer to two decimal places. Enter your answers in millions.
The break-even sales for the current year are 32.04 million barrels, rounded to two decimal places.
First, we need to calculate the total fixed costs for the current year
Fixed costs = Total costs - (Variable costs + Cost of goods sold x Variable cost % + Marketing, general, and admin. expenses x Variable cost %)
Fixed costs = $6,512 million - ($1,628 million + $1,221 million + $296 million)
Fixed costs = $3,367 million
Next, we can calculate the contribution margin per barrel:
Contribution margin per barrel = Price per barrel - Variable cost per barrel
We don't have the price per barrel, but we can use the gross profit and the number of barrels sold to calculate the average gross profit per barrel
Average gross profit per barrel = Gross profit / Barrels sold
Average gross profit per barrel = $4,884 million / 37 million barrels
Average gross profit per barrel = $132 per barrel
Assuming variable costs per barrel remain constant, we can use the variable cost % to calculate the variable cost per barrel
Variable cost per barrel = Cost of goods sold x Variable cost % / Barrels sold + Marketing, general, and admin. expenses x Variable cost % / Barrels sold
Variable cost per barrel = $1,628 million x 75% / 37 million barrels + $592 million x 50% / 37 million barrels
Variable cost per barrel = $27.03 per barrel
Therefore, the contribution margin per barrel is
Contribution margin per barrel = $132 - $27.03
Contribution margin per barrel = $104.97
Finally, we can calculate the break-even sales in barrels for the current year
Break-even sales (in barrels) = Fixed costs / Contribution margin per barrel
Break-even sales (in barrels) = $3,367 million / $104.97 per barrel
Break-even sales (in barrels) = 32.04 million barrels
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What stock should I buy
A _____ is something you would like to accomplish in the near future: a day, a week, or even a few months from now.
short-term goal
long-term goal
intermediate goal
specific goal
Answer:
short term goal im pretty sure
Explanation:
Answer:
short term goal mark him brainlest though
Explanation:
Stephanie notices that it is staring to get windy outside. The wind is moving from the north to the south. What is the cause of the wind
Wind is caused by air moving from high pressure areas to low pressure areas. Stephanie's observation of wind moving from north to south indicates that the wind is a type of polar easterly wind.
Stephanie notices that it is starting to get windy outside. The wind is moving from the north to the south. Wind is caused by air moving from high pressure areas to low pressure areas. Wind is the motion of the air molecules in the atmosphere that moves from the place where there is higher air pressure to the place where there is lower air pressure.
The earth is warmed by the sun's energy, which is not uniform throughout the earth's surface. It is warmer near the equator and cooler near the poles. This difference in temperature causes differences in air pressure, which then creates winds that blow from the cooler areas toward the warmer areas. Winds are classified according to the direction from which they come. The prevailing wind is the direction from which the wind most commonly blows.
Trade winds are winds that blow from east to west between the equator and 30 degrees latitude. Prevailing westerlies blow from west to east between 30 and 60 degrees latitude, and polar easterlies blow from east to west between 60 degrees latitude and the poles. Therefore, Stephanie's observation of wind moving from north to south indicates that the wind is a type of polar easterly wind.
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If leaseplan continues its diversity management activities, as described in the case, select the most closely aligned statistics to ots potential outcome
Tolerate is Thomas's generic action options for managing diversity is most illustrated in the case. Thus, option D is correct.
What is diversity?Diversity can be defined as the part of the workforce where there is a significant benefit to having a diverse workforce; this can be based on social or ethnic background; this is the state of the variety of people employed in the company.
The lease plan is satisfied that there is gender diversity, which is supported. As there are various numbers of male as well as female employees that are a part of the lease plan. As the number of women working in the company grows, this will demonstrate how the other gender is treated.
Therefore, option D is correct.
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The question is incomplete, Complete question probably will be is:
Leaseplan Effectively Manages Diversity The term, glass ceiling, was used to represent an absolute barrier or solid roadblock that prevented women from advancing to higher-level positions. The ceiling resulted in women finding themselves stuck in lower-level jobs, ones that did not have profit and loss responsibility, and jobs with less visibility, power, and influence. This scenario is changing. This case illustrates the Leaseplan Effectively Manages Diversity The term, glass ceiling, was used to represent an absolute barrier or solid roadblock that prevented women from advancing to higher-level positions. The ceiling resulted in women finding themselves stuck in lower-level jobs, ones that did not have profit and loss responsibility, and jobs with less visibility, power, and influence. This scenario is changing. This case illustrates the impact motivated leadership and changing company policies can have on gender diversity in the workplace. According to the United States Department of Labor, compared to women comprising 21 percent of the workforce in 1920, women comprised nearly half of the workforce in the United States in 2013, making gender diversity issues more and more important. This activity asks you to identify and apply your knowledge of such aspects of diversity. Read the case below and answer the questions that follow. In 2003, the representatives of LeasePlan USA's top customers were mostly women, as was the majority of the company's employees. However, men represented a large majority of top managers at the company, reflecting the old-boys network type culture that dominated the fleet industry. New leadership decided to change this and provided career counseling to women, revised reward systems to focus on performance instead of seniority, and replaced some existing managers. Two years ago, only one of seven top executives was a woman. Now, three of the top eight executives are women. The company's new chief executive claims that these changes are motivated by strategy rather than political correctness. He says, "LeasePlan doesn't build anything...Our sustainable competitive advantages are people." LeasePlan now also implements a development program catered specifically for female employees. The program includes skills assessments, career guidance, communications, brand building, and panel discussions with female executives from other companies. Which of Thomas's generic action options for managing diversity is most illustrated in the case? Multiple Choice suppress
isolate
deny
include/exclude
tolerate
Below are demand schedules for 4 consumers.
Price Alice Bob Charlie Dora
8 2 0 2 3
6 8 4 6 7
4 11 5 9 11
2 15 12 12 14
What is the aggregate demand at the price $4?
For the given demand schedule ,The aggregate demand at the price $4 is 36.
What is the aggregate demand?Aggregate demand is the tοtal quantity οf gοοds and services that cοnsumers, cοmpanies, and the gοvernment are willing and able tο purchase in an ecοnοmy at a particular price level. It includes net expοrts, gοvernment expenditure, investment, and cοnsumer spending, and is represented by a dοwnward-slοping curve.
What are the cοmpοnents οf aggregate demand?The cοmpοnents οf aggregate demand are the different categοries οf spending that cοntribute tο the tοtal demand fοr gοοds and services in an ecοnοmy. Cοnsumer spending (C), investment spending (I), gοvernment spending (G), and net expοrts (NX) are the main cοmpοnents. Cοnsumer spending is the tοtal spending by hοusehοlds οn gοοds and services, while investment spending is capital gοοds, gοvernment spending is salaries οf gοvernment emplοyees, public wοrks prοjects, and defense spending. Net expοrts are the difference between expοrts and impοrts.
Hοw is AD calculated?Aggregate demand is calculated by adding up the tοtal spending οn gοοds and services within an ecοnοmy. It is brοken dοwn intο fοur cοmpοnents: cοnsumer spending (C), investment spending (I), gοvernment spending (G), and net expοrts (NX). Cοnsumer spending includes hοusehοlds, investment spending includes capital gοοds, and gοvernment spending includes infrastructure prοjects and defense. Net expοrts include exports minus impοrts οf gοοds and services.
The fοrmula fοr aggregate demand is:
AD = C + I + G + NX
Where: AD = Aggregate demand C = Cοnsumer spending I = Investment spending G = Gοvernment spending NX = Net expοrts
The amοunt required by each cοnsumer at the price οf $4 must be added up in οrder tο determine the aggregate demand.
Price Alice Bοb Charlie Dοra Tοtal
4 11 59 11 36
Therefοre, the tοtal demand at $4 is 36.
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What is the difference between earning a wage and earning a salary?
Answer:
Wages are the money your employer pays you for the hours you work each week. A salary, on the other hand, typically defines a fixed amount your employer pays you, not necessarily for specific hours worked but for completing the duties of your job
Explanation:
PharmY, Inc., is a U.S. GAAP reporter that is in the pharmaceutical industry. In the current year, PharmY incurred expenditures related to laboratory experiments designed to discover a new drug. The expenditures were as follows:
Laboratory equipment that will be used for this project only $1,000,000
Materials that will be used for this project only 750,000
Wages for employees involved exclusively in the project 500,000
Search the Codification to determine how to record each type of cost. Write a memo to the file to commu- nicate your results
Answer with Explanation:
Tangible assets fall under the scope of International Accounting Standard IAS-36 Property, Plant and Equipment which says that assets that qualify following conditions, must be capitalized:
Assets that have life expectancy of more than a year.Benefits of the Assets are controlled by the entity that will flow towards the company.Now here, the life expectancy of laboratory equipment is unknown and also that we don't know if the asset can be resold in the market or not. This means, if the asset has life expectancy is no more than a year and that the future benefits will flow towards the company then it must be capitalized otherwise it must be expensed out as per the guidelines of International Accounting Standard IAS-38 Intangible Assets, which says that the research cost prior to the development expenditure must be expensed out.
The other two costs are revenue expenditure and must be expensed out under the name research and development cost as per the guidelines of IAS-38.
4). Compare and contrast the typologies of followership defined by Chaleff and Kellerman
Chaleff's typology, which can be seen in the "The Courageous Follower, which fous on the types of followers while Kellerman's typology, focus on how Followers can bring about change with respoect to their leaders.
What is Kellerman typology of followership?Barbara Kellerman, can be een as one that focus on the typology of followership which can be seen as one that focus on the level of engagement.
She focus on the good followers as actively supporting effective as wwell as good leaders and responding appropriately to bad leaders however Chaleff's typology, which can be seen in the "The Courageous Follower, which fous on the types of followers ..
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The following is selected information from Whispering Winds Corp. for the fiscal year ending October 31, 2022. Cash received from customers $276000 Revenue recognized 404800 Cash paid for expenses 156400 Cash paid for computers on November 1, 2021 that will be used for 3 years 44160 Expenses incurred including any depreciation 198720 Proceeds from a bank loan, part of which was used to pay for the computers 92000 Based on the accrual basis of accounting, what is Whispering's net income for the year ending October 31, 2022?
Answer:
$206,080
Explanation:
Calculation for the net income for the year ending October 31, 2022
Using this formula
Net income =Revenue recognized -Expenses incurred
Let plug in the formula
Net income =404,800-198,720
Net income =$206,080
Therefore the the net income for the year ending October 31, 2022 will be $206,080
The following citation is for a page on a Web site. Identify the error in the citation.
Tefft Industries has an average inventory of $170,000, sells on terms of 2/10, net 30, and its cost of sales is $540,000. What is Tefft's inventory conversion period?
a.cannot be determined from the data given
b.85 days
c.115 days
d.105 days
Based on the information given Tefft's inventory conversion period is:
c.115 days.
Inventory Conversion Period:Using this formula
Inventory Conversion Period=Average Inventory÷(Cost of Sales÷365 days)
Let plug in the formula
Inventory Conversion Period=$170,000 ÷ ($540,000÷365)
Inventory Conversion Period=$170,000 ÷ (1479.45205479)
Inventory Conversion Period=114.907407408
Inventory Conversion Period=115 days(Approximately)
Inconclusion Tefft's inventory conversion period is: c.115 days.
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Two key aspects of financial planning are cash planning and profit planning. Cash planning involves the preparation of the cash budget and profit planning involves preparation of pro forma statements. To make cash budget and pro forma statements for a firm, accounting knowledge is needed. Do accounting courses you took before help you better understand how to make cash budget and pro forma income statement and balance sheet? Explain.
Yes. Accounting courses I took before helps us understand how to make cash budget and pro forma income statement and balance sheet.
Here's how accounting courses can help individuals in creating cash budgets, pro forma income statements, and balance sheets:
Cash Budget: Accounting courses teach students about the importance of cash flow management and how to prepare a cash budget. Pro Forma Income Statement: Accounting courses teach students how to analyze historical financial data and use it to forecast future performance. Balance Sheet: Accounting courses provide a comprehensive understanding of balance sheets and their components. Students learn how to analyze assets, liabilities, and shareholders' equity to assess the financial position of a company.By studying accounting, individuals gain a solid foundation in financial concepts, reporting standards, and analytical techniques. This knowledge equips them with the skills necessary to create cash budgets, pro forma income statements, and balance sheets effectively.
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what are 3 Obstacles for becoming a tattoo artist? if this is the list for the process of becoming one.
1 Art skills
2 Learn How to Draw
3 Build a Portfolio
4Get an Art Education
5 Build a new Portfolio
6Apprenticeship
a Cleaning
b Secretarial work
7 Training with machines
a Practice on synthetic material
b Practice on volunteers
8 Learn Hygienic Work Practices
9 Get Licensed
10 Buy Your Own Tattoo Equipment
11 Establishing clientel and reputation
Answer:
Arts skills
get licensed
training with machines
my brothers name is dookie
Answer:
Cool
Explanation: